Energy price shocks: identification, transmission, and induced technological change (C01)

• Subject Area: Economic Policy, Applied Economics ; Statistics and Econometrics
• Term: since 2024
• Project identifier: Deutsche Forschungsgemeinschaft (DFG) - Project number 520388526

Energy price shocks: identification, transmission, and induced technological change investigates strategies using structural vector autoregressive (SVAR)-type models for the identification and estimation of the impulse responses of energy price shocks from macroeconomic and sectoral time series. It analyzes whether higher energy prices speed up the development of energy-saving technologies. In the long run, the project develops methodologies for non-stationary and mixed-frequency data as well as novel identification strategies for SVARs with functional anticipated energy prices.

• DFG Programme: CRC/Transregios
• Subproject of: TRR 391: Spatio-temporal Statistics for the Transition of Energy and Transport
• Applicant Institution: Technische Universität Dortmund
• Project Heads: Professor Dr. Christoph Hanck, since 7/2024; Professor Dr. Carsten Jentsch, since 7/2024; Professor Dr. Ludger Linnemann, since 7/2024